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    EVO   SE0012673267

EVOLUTION AB

(EVO)
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Evolution Gaming : go-live for Entain's Ladbrokes, Coral and Gala in the UK

05/05/2021 | 04:31am EDT

Evolution today announced that it has gone live in the UK with online casino services for Entain plc group's Ladbrokes and Coral brands, with the Gala Casino and Gala Bingo brands to follow. Entain plc (LSE: ENT) is one of the world's largest sports-betting and gaming groups. It already partners with Evolution for the provision of online casino in a number of major European and US gaming markets.

This latest Evolution and Entain agreement will see Evolution launch its full suite of online games on Ladbrokes, Coral and Gala online platforms in the UK, starting with a selection of Evolution's award-winning live game shows including Lightning Roulette and Crazy Time going live at Ladbrokes.co.uk and Coral.co.uk.

The full suite of Evolution live casino games and game shows, including Evolution's upcoming release, Gonzo's Treasure Hunt Live, will be added in the coming weeks, as will Evolution's First Person RNG games. All of the games are available to players on smartphone, tablet and desktop.

In addition to the new Evolution games line-up, Ladbrokes, Coral and Gala already offer their players world-leading online slots titles from Evolution's NetEnt and Red Tiger brands.

Richard Barr, Gaming Director at LadbrokesCoral, said: "We are enormously excited to provide our thousands of players in the UK and globally with Evolution's world-class online games."

Gavin Hamilton, Commercial Director, Europe for Evolution commented: "The UK market is a particularly important market for us. We are delighted that Ladbrokes, Coral and Gala customers will now have access to the full breadth of Evolution Group online games, including our very latest gaming innovations."

For trade press and media enquiries, please contact:
Amy Riches, Head of Marketing, ariches@evolution.com

For investor enquiries, please contact:
Jacob Kaplan, CFO, ir@evolution.com

Evolution Gaming Group AB (publ) ("Evolution") develops, produces, markets and licenses fully-integrated B2B Online Casino solutions to gaming operators. Since its inception in 2006, Evolution has developed into a leading B2B provider with 500+ operators among its customers. The group currently employs 10,000+ people in studios across Europe and in North America. The parent company is based in Sweden and listed on Nasdaq Stockholm with the ticker EVO. Visit www.evolution.com for more information.

Evolution is licensed and regulated by the Malta Gaming Authority under license MGA/B2B/187/2010. Evolution is also licensed and regulated in many other jurisdictions such as the United Kingdom, Belgium, Canada, Romania, South Africa, and others.

https://news.cision.com/evolution/r/evolution-go-live-for-entain-s-ladbrokes--coral-and-gala-in-the-uk,c3340519

https://mb.cision.com/Main/12069/3340519/1412911.pdf

(c) 2021 Cision. All rights reserved., source Press Releases - English

Stocks mentioned in the article
ChangeLast1st jan.
ENTAIN PLC -0.74% 1821.5 Delayed Quote.61.89%
EVOLUTION AB -0.07% 1459.6 Delayed Quote.74.96%
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Financials
Sales 2021 1 058 M 1 263 M 1 263 M
Net income 2021 604 M 722 M 722 M
Net cash 2021 528 M 630 M 630 M
P/E ratio 2021 525x
Yield 2021 0,09%
Capitalization 310 B 36 411 M 370 B
EV / Sales 2021 292x
EV / Sales 2022 227x
Nbr of Employees 7 174
Free-Float 80,5%
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Technical analysis trends EVOLUTION AB
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TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
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Mean consensus HOLD
Number of Analysts 9
Last Close Price 1 459,60 €
Average target price 160,00 €
Spread / Average Target -89,0%
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Managers and Directors
NameTitle
Martin Olof Carlesund Chief Executive Officer
Karl Jacob Kaplan Chief Financial Officer
Jens von Bahr Chairman
David Craelius Chief Technology Officer
Joel-Tomas Citron Independent Director
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